Rent received from rural Godown

This query is : Resolved 

28 August 2008 Rent received from rural godown is chargeable in which head wheather under Income from House property or income from business and profession...Kindly let me know with reason

28 August 2008 it will be covered under Income from house property,as under the Income tax act if there is a Income from House property (building rental) then it will be covered under Income from house property even the person is in the business of renting of building

28 August 2008 it is chargeable u/h house property.




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries